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Rep. Toman proposes 30-year primary-residence tax credit; League of Cities urges caution
Summary
Representative Nathan Toman presented House Bill 15 60 to create a long‑term homeowner credit for primary residences occupied 30 years or more; the North Dakota League of Cities testified in opposition, citing broad exemptions and unclear provisions.
Representative Nathan Toman introduced House Bill 15 60, which would create a credit for homeowners who occupy a primary residence for 30 years or longer and would apply after other credits, such as the homestead credit. "If you stay in your home for 30 years ... the value of the credit would be equal to your balance of what's owed on your property tax," Representative Nathan Toman told the House Finance and Taxation Committee.
The bill as drafted would…
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